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The Private Bank

2023-05-17 18:35:07

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- Export-Import Bank is in danger, taxpayers are losing. Banks do not provide subsidies. Customers make payments for their financing and loan guarantees, and 98% of their transactions involve working in private banks. The bank is an autonomous institution that has transferred about $ 1 billion annually to the Treasury over the past two years, and the default rate of borrowers is very low. It is impossible to know exactly how many small businesses actually benefit from import and export finance. Officials claim that the annual mission is 20%, but considering the broad definition of "small and medium" of banks, including companies with 1,500 jobs annually or incomes up to $ 21.5 million, this Is an extension. According to a recent survey conducted by the telecommunications company, the bank inappropriately classified hundreds of companies and business groups into small businesses.

Private banks are also creating money by lending them to private houses and companies. "It is noteworthy that a private banking system generates funds every time a bank creates a new loan, such as a mortgage loan or a commercial loan.In order to create new funds, you need to deposit a deposit that matches the borrower's account Please create it. "Coincidentally, the second sentence is almost the same as the report by the Bank of England. I think that when I read the report, Becklumb and Frigon are the same as myself, I want to know what is going on in Canada, and decide that the council is worth it. Even three years later, if 85% of the British parliamentarians are not yet able to obtain it, I do not think that Canadian legislators are approaching the truth. I am wrong.

Obviously, many people do not seem to know how to earn money, some of them may be people to know. 85% of British parliamentarians have not realized that most of the UK economic funds are generated by private banks and each loan is based on articles posted in the Guardian newspaper one month ago It is. This article reminds Keynes' words when reading "The Essence of Money" by Jeffrey Ingham. "I know only three people who really understand money, another professor at the university." My one student, a pretty young student, the staff of the Bank of England. "I think that the situation has not changed so much.